Aditya Birla Real Estate shareholders approved all five ordinary resolutions at its 129th Annual General Meeting held on July 27, 2026. The meeting, conducted via Video Conferencing and Other Audio Visual Means (VC/OAVM), ratified the audited financial statements for FY26, declared equity dividends, reappointed Kumar Mangalam Birla as Director, and appointed statutory auditors for a five-year term. These proceedings ensure governance continuity and regulatory compliance for the real estate developer.

The AGM commenced at 3:00 P.M. IST and concluded at 4:30 P.M. IST, chaired by Kumar Mangalam Birla, Chairman of the Board. Out of 98,520 shareholders on the record date of July 20, 2026, 106 attended virtually — comprising three from the promoter group and 103 public shareholders. The e-voting process was scrutinized by Gagan B. Gagrani of Gagrani and Gagan, appointed under Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014.

Resolutions Passed

All agenda items were passed with requisite majority through remote e-voting and electronic voting during the meeting. The voting window for remote e-voting ran from July 22, 2026, at 9:00 A.M. IST to July 26, 2026, at 5:00 P.M. IST. Votes were unblocked on July 27, 2026, in the presence of two independent witnesses.

Governance and Leadership

A key governance outcome was the reappointment of Kumar Mangalam Birla (DIN: 00012813) as a Director retiring by rotation. This resolution received 93.22% support in favor, with 78,068,925 votes cast for and 5,681,463 against. The promoter group voted unanimously in favor, while public institutions showed a split vote with 78.35% support. Additionally, shareholders approved the appointment of a Statutory Auditor for a first term of five consecutive years, extending from the conclusion of the 129th AGM until the 134th AGM. Remuneration for both the Statutory Auditor and Cost Auditor for the financial year ending March 31, 2027, was also ratified.

Voting Participation Details

The total number of shares held on the record date was 110,852,931. Approximately 75.55% of outstanding shares were polled across all resolutions. For Resolution 1 (Financial Statements), 83,724,521 votes were cast in favor with only 54 against. Resolution 2 (Dividend) saw 83,750,182 votes in favor and 206 against. Resolution 4 (Statutory Auditor) received 83,748,325 votes in favor with 2,063 against. Resolution 5 (Cost Auditor) garnered 83,750,324 votes in favor with 64 against. The high participation rate reflects strong shareholder engagement in the company’s governance processes.

Regulatory Compliance

The notice dated June 23, 2026, along with the explanatory statement under Section 102 of the Act, was sent electronically to members with registered email addresses, complying with MCA Circulars including the latest circular 03/2025 dated September 22, 2025. An advertisement was published in Financial Express and Loksatta on July 3, 2026. The Integrated Annual Report 2025-26 was uploaded on the company’s website, stock exchanges, and NSDL. Final voting results have been disseminated pursuant to Regulation 44(3) of the SEBI Listing Regulations.

Aditya Birla Real Estate Limited (formerly known as Century Textiles and Industries Limited) has scheduled its 129th Annual General Meeting (AGM) for Monday, July 27, 2026, at 03:00 p.m. IST via Video Conferencing. The meeting will consider the adoption of financial statements for FY 2025-26, a dividend declaration, and the appointment of a new statutory auditor. The company reported a standalone net profit of ₹ 351.89 Crores for the year, while consolidated results reflected a loss of ₹ 114.82 Crores due to the timing of project completions and the repositioning of the business as a focused real estate entity.

Key AGM Details

The AGM will be conducted from the company's registered office at Century Bhavan, Worli, Mumbai. Shareholders will vote on the reappointment of Mr. Kumar Mangalam Birla and the ratification of the Cost Auditor. The following table outlines the critical dates and procedural details:

Financial Performance and Dividend

The Board recommended a dividend of ₹ 2.50 per equity share of face value ₹ 10 each (25%), subject to tax, totaling an outflow of ₹ 27.92 Crores. This marks an increase from the ₹ 2.00 per share dividend paid in the previous year. On a standalone basis, total income from continuing operations rose 3.7% to ₹ 516.23 Crores, while profit before tax surged to ₹ 121.38 Crores from ₹ 0.06 Crores, aided by a reversal of net deferred tax liability of ₹ 123.76 Crores following the decision to opt for a new tax regime.

Consolidated revenue from continuing operations decreased to ₹ 403.77 Crores from ₹ 1,203.37 Crores in FY 2024-25. The company attributed this decline to Ind AS 115 revenue recognition norms, which require revenue recognition only at project handover, rather than a drop in demand. Birla Estates, the company's subsidiary, achieved its highest annual booking value of ₹ 8,136 Crores and collections of ₹ 3,341 Crores.

Auditor Appointments and Business Divestment

A special business item involves the appointment of M/s. Singhi & Co., Chartered Accountants, as the statutory auditor for a five-year term. The annual audit fee is set at ₹ 55 lacs plus taxes, reflecting a reduced scope following the proposed sale of the Century Pulp and Paper business to ITC Limited for ₹ 3,498 Crores. The Competition Commission of India approved this acquisition on December 16, 2025, with consummation expected in the first half of FY 2026-27.